At this stage WAF is the best gold play on the ASX..
Profitability ia already proven..At a minimum 30k oz a quarter
Plant already proven...even without a commercial production announcement
Upside is to produce at DFS rate.....75k oz plus per quarter...
Future upside is possiblity of going deeper underground
to keep the higher grade being mined.
I think if they can get one quarter at 75k plus oz the SP will hit $1.50..
If this countines for a couple of quarters then $2 will be hit..
From there it will be if the underground expands its future mine life..
If it drops back to 50k oz a quarter then the SP will fall..
We must remember the market overreacts....so it could go ballistic
and hit $3
Cheers
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Last
$1.53 |
Change
0.140(10.1%) |
Mkt cap ! $1.735B |
Open | High | Low | Value | Volume |
$1.46 | $1.54 | $1.46 | $7.795M | 5.176M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6748 | $1.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.53 | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6860 | 1.515 |
1 | 6860 | 1.510 |
2 | 7860 | 1.505 |
1 | 6860 | 1.500 |
2 | 36860 | 1.495 |
Price($) | Vol. | No. |
---|---|---|
1.535 | 9901 | 2 |
1.540 | 4000 | 1 |
1.545 | 7310 | 2 |
1.550 | 103434 | 9 |
1.555 | 6860 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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